Re:Capitalism is a paperclip maximizer
by bmmayer1 on Thursday September 17, 2015 @09:58PM
(#10237159)
Productivity is the creation of goods and services. Goods and services are the building blocks of wealth: one who has more goods and services is more wealthy. It is impossible to create more wealth without increased productivity.
Now, to your point, the fruits of productivity could be unfairly captured by non-producers, in which case wealth is being misappropriated from those who created it to those who have the power through whatever form to capture it (i.e., taxes, feudal land ownership, etc).
Does it? For whom does productivity create wealth for?
Productivity is about getting set results based on the smallest set of resources (time, money, materials, etc...). It does not include anything about wealth, nor where that wealth is distributed to, or whether resources could have generated more wealth used in a different way. It's actually possible for increased productivity to decrease wealth.